Legal and IP News Retail Supply chain

Walmart planning NFTs, tokens, shopping in 3D metaverse

walmart

Walmart has filed several trademarks covering blockchain, non-fungible tokens (NFTs), cryptocurrencies and the metaverse. The CNBC report that first broke the news mentioned seven separate applications, but we found 20 registered on 30 December 2021. Walmart published a job ad for a lead for digital currency and cryptocurrency five months earlier.

The company is extending its main Walmart trademark and the B2B Walmart Connect brand to a whole raft of new areas. Plus it’s launching three home delivery brands which are likely a nod to the metaverse: Verse to Home, Verse to Store, Verse to Curb.

Activities covered by the trademarks are extensive, with a slight emphasis on NFTs. However, it includes providing a community token and cryptocurrency exchange services. The trademark application with the longest list of services can be found here.

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.


Image Copyright: unitysphere/123RF.COM